H—4s

Appropriation Account for the Year ended 31st March, 1948 Percentage Percentage Percentage of Total of Net of Total 1946-47. Income. Profit. Income. 1946-47 £ £ £ £ 205,328 9-36 Profit distributions .. .. 96-40 275,251 9-71 Net profit, brought down from Revenue 5,460 0-19 Grants .. .. .. .. 1-91 5,465 Account .. .. .. .. 285,531 222,690 5,000 .. Buildings : reserve 6,902 0-16 Balance, carried down to Accumulated Funds Account .. .. 1-69 4,815 £222,690 9-71 100-00 £285,531 9-71 £285,531 £222,690

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